Certificates Get a New Lift!

Members can earn a higher rate of return on money they have budgeted or earmarked for future expenses. Instead of keeping these funds in a low rate savings account, a new Principal Distribution Certificate offering will meet their needs! In addition to their dividend payments, a portion of the principal can be distributed based on a scheduled payout. At the maturity date, the certificate value is equal to zero, so no renewal options are necessary.

Bump Rate Certificates will be an automated feature where the rate can be increased for a specified number of times during the certificate term. The number of times a rate can be bumped is monitored as well as a tracking history of the rates during the term. This option can be made available directly to your members in It’s Me 247 – online banking!

*These products were released in April 2011.

http://gividends.com | Phone: 616.285.5711 | Toll Free: 800.327.3478 | Fax: 616.285.5735
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